Saudi Arabia launches bidding for 13,000 sq km mineral exploration licences

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The government announced new bidding for mineral exploration licenses covering 13,000 km² across multiple regions (Madinah, Makkah, Riyadh, Qassim, Hail) — targeting resources like gold, silver, copper, zinc, and lead.

The move reflects an ongoing push to diversify the economy beyond oil, tapping into Saudi Arabia’s vast mineral wealth — a key part of the national economic transformation plan.

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